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Palm surges past 7,000 ringgit to record high on Black Sea supply woes

Palm oil has become the costliest among the four major edible oils for the first time

US utilities lobby White House to let Russian uranium imports to continue

US nuclear power industry is pushing White House to allow uranium imports from Russia to continue despite the war in Ukraine, with cheap supplies of fuel seen as key to keeping electricity prices low

US bans Russian flights from airspace, setting stage for retaliation

Airlines already face potentially lengthy blockages of key east-west flight corridors after the EU and Moscow issued tit-for-tat airspace bans.

World Bank, IMF racing to get aid for Ukraine in coming weeks and months

IMF, World Bank said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating crucial spillovers to other countries

Russia seeks to pause investor stampede as sanctions hammer economy

Russia seeks to place temporary restrictions on foreigners seeking to exit Russia assets, as it tried to stem an investor retreat driven by crippling Western sanctions imposed over Ukraine invasion

Saudi Arabia may raise April crude prices to Asia to all-time highs

The official selling price (OSP) for Saudi's flagship Arab Light crude may rise to a record of $4.50 a barrel, up $1.70, three of five refining sources told Reuters in a survey.

Putin miscalculated Ukraine, 'ran into wall of strength': Joe Biden

The annual speech to Congress gave Biden a platform to highlight his agenda, reassure fretful Americans and seek to boost his sluggish poll numbers

Asian shares slip, crude oil surges again as Russia sanctions bite

As global sanctions against Moscow tighten, the United States is poised to ban Russian flights using American airspace, following similar moves by the European Union and Canada.

Euro testing support as Russia-Ukraine crisis looms large over growth

The euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor concerns about a hit to Europe's economy and growth

Apple, Google, Ford, other US brands join corporate wave shunning Russia

Apple stops sales of iPhones and other products in Russia, makes changes to its Maps app to protect civilians in Ukraine.

Oil prices surge over 7% as global crude reserve release disappoints

Brent futures rose $7.00, or 7.1%, to settle at $104.97 a barrel, their highest close since August 2014.

Ford set to announce plans to run EV, ICE as separate businesses: Report

The two units will have separate names but will remain under the Ford corporate umbrella.

US to ban Russian flights from American airspace, follow EU and Canada

United Airlines said it has suspended flying over Russian airspace, joining other major US carriers who have taken the step after Russia's invasion of Ukraine.

Putin's war 'premeditated, unprovoked': Biden in State of Union speech

US president will seek to unite his country in solidarity with Ukraine in his speech while also focusing on his domestic economic agenda.

Wall Street tumbles as Russia-Ukraine crisis sows fear; Dow falls over 2%

The Nasdaq Composite dropped 1.65% to 13,525.13

BPCL seeks extra Gulf oil, fearing Russian supply hit: Report

BPCL, India's second-biggest state refiner, on an average buys two million barrels of Russian Urals every month on a delivered basis

Anthony Blinken says Russian 'crimes' mounting by hour in Ukraine

Addressing UNHCR, US Secretary of State says, 'We must send a resolute and unified message that President Putin should unconditionally stop this"

IEA weighing potential oil stocks release after Russia invasion

Crude oil was trading around $104 a barrel on Tuesday as some buyers shunned Russian barrels after Western allies imposed sanctions on Moscow

As Ukraine conflict rages, Biden seeks to unite Americans in annual speech

Biden intends to use the annual speech to stress the importance of countering Putin and push his domestic economic agenda

Ukraine fighting 'to be equal members of Europe': Zelensky to EU parliament

President Volodymyr Zelenskyy on Tuesday said Ukraine is fighting "also to be equal members of Europe"